Business law in Panama

Legal Framework

Independence of Justice

Despite the fact that the constitution provides for an independent judiciary, it remains inefficient, politicized and prone to corruption.

Equal Treatment of Nationals and Foreigners

From the judiciary's point of view, foreign nationals can expect the same treatment as Panamanians.

The Language of Justice

Spanish.

Recourse to an Interpreter

It is always possible to have an interpreter (contact your Embassy).

Sources of the Law and Legal Similarities

The main source of the law is the Constitution of 1972 (amended several times, last amendment in 2004). The legal system is based on a civil law system. Panama accepts compulsory ICJ jurisdiction but with reservations.

Checking National Laws Online

Panama Judiciary (Spanish Only)